MyEtherWallet Warns Users of Another Hack, This Time Because of VPN Service Hola

MyEtherWallet Warns Users of Another Hack, This Time Because of VPN Service Hola

It has only been two months and several days since the day when MyEtherWallet users lost $150,000 due to a Google Public DNS hack, and now the wallet has already again warned its users to transfer their funds because of different service being hacked. This time it is because of a VPN service called ‘Hola,’ and according to the organization it has received a statement that states the activity of MyEtherWallet users might’ve been logged throughout the attack.

The news of the attack was revealed by the company from its Twitter account about 12 hours ago. The company stated that this attack took place on Hola’s VPN service for a span of five hrs, and during the time of the offense the browser movement of users who had Hola extensions installed in their Chrome browsers might have been logged by the attackers. Accordingly, the users who designated into their MEW wallets in last 24 hrs using a Chrome browser with Hola extension should quickly move their supplies to a brand new account (if they still have access to those funds).

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The attack does not require concern users who don't have Hola extension connected or don't use Chrome browser at all. The specific number of affected users is not recognized, and the IP address of the attacker is from Russia according to MEW’s report given to TechCrunch. The organization also accentuated that it doesn’t store the data or credentials of its users. It stated:

“The safety and protection of MEW users is our priority. We’d like to remind our users that we do not own their data, including passwords so they can be confirmed that the hackers would not get their hands on that knowledge if they have not associated with the Hola chrome extension in the past day.”

In April’s hack of Google Public DNS, the MEW users were stolen of 215 ETH (worth $150,000 at the time). The loss that might’ve resulted in this hack is not recognized for now.

Prominently, Hola VPN has also been studied heavily in the recent days for using the bandwidth of its users to build a giant botnet. It’s not a VPN that you would want to have!

#MyEtherwallet #Crypto hack #VPN hack #Crypto news #Bitcoin News


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